Hi Aboo,
If you are copying the section from CLI, the password lines will only show as "" . You can find the sample below
security local-user-list create LocalDB
security local-user-list edit "LocalDB" ;mode
user create "User1"
user edit "User1" ;mode
hashed-password ""
exit
exit
You do have a option to add the password manually into this before applying to the new box. Change the line from hashed-password to password. Then give the password after it in clear text
security local-user-list create LocalDB
security local-user-list edit "LocalDB" ;mode
user create "User1"
user edit "User1" ;mode
password mypassword
exit
exit
You will need to do this for each local user.